New Delhi, Dec. 30 -- The Reliance Industries Limited (RIL) has strongly refuted media reports that claimed the Centre is seeking USD 30 billion from the company and its partner BP over alleged underproduction from a gas field.
In a communique issued here on Tuesday, the company said the report was factually incorrect and based on unnamed and unidentified sources.
RIL clarified that there is no claim of USD 30 billion against Reliance Industries or BP.
According to the company, the actual amount involved in the dispute related to the KG-D6 gas block is approximately USD 247 million, which has already been disclosed in its annual audited financial statements in line with regulatory and disclosure requirements.
"The publication of a repor...